GBP/USD: Pound pressured amid Greek uncertainty

Posted on November 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.11% against the USD and closed at 1.5875, as demand for riskier currency weakened after the Euro-zone policymakers refrained from deciding when it would disburse a €31.5 billion tranche of … Continue reading →

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EUR/USD: Euro traded lower as Greece awaited fresh bailout funding

Posted on November 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.2706, as investors sought safety in the greenback after the Euro-zone policymakers concluded yesterday’s meeting without deciding when it would disburse a €31.5 … Continue reading →

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AUD/USD: Australian Dollar rises on building approvals, China trade data

Posted on November 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.13% against the USD to close at 1.0386, as broadly better-than-expected Chinese economic data was overshadowed by concerns over the situation in the Euro-zone and worries over … Continue reading →

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USD/CAD: Pair trading just below its parity

Posted on November 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD ended flat against the CAD to close at 1.0004. In the Asian session, at GMT0400, the pair is trading at 0.9988, with the USD trading 0.16% lower from … Continue reading →

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USD/CHF: Pair trading between its MA’s

Posted on November 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.23% against the CHF and closed at 0.9486. In the Asian session, at GMT0400, the pair is trading at 0.9476, with the USD trading 0.11% lower from Friday’s … Continue reading →

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USD/JPY: BoJ would continue with monetary easing, indicates Masaaki Shirakawa

Posted on November 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD ended flat against the JPY and closed at 79.49. On the economic front, the seasonally adjusted consumer confidence index in Japan declined to a reading of 39.7 in … Continue reading →

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GBP/USD: Pound traded lower amid persistent Euro-zone debt concerns, trading higher in Asian session

Posted on November 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.50% against the USD and closed at 1.5897, as Euro-zone debt concerns continued to dampen risk sentiment. Additionally, strong US consumer sentiment data added to greenback’s gain. In … Continue reading →

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EUR/USD: Euro trading higher as Greece approves austerity budget in bid for foreign aid

Posted on November 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.22% against the USD and closed at 1.2713, as Italian and French industrial output data disappointed investors. The consumer price index (CPI) in Germany rose 2.0% (YoY) in … Continue reading →

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AUD/USD: RBA revises down its 2013 economic growth outlook, pair trading higher this morning

Posted on November 9, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0399. LME Copper prices declined 0.6% or $49.0/MT to $7605.3/MT. Aluminium prices declined 0.2% or $3.3/MT to $1897.3/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie trading higher after yesterday’s fall

Posted on November 9, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD to close at 1.0004. In Canada, trade deficit narrowed to C$0.83 billion in September, marking its sixth consecutive monthly trade deficit and following a revised … Continue reading →

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USD/CHF: US Dollar trading lower against the Swiss Franc

Posted on November 9, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9464, amid positive US economic data. In the US, trade deficit narrowed to $41.5 billion in September, from a revised deficit of … Continue reading →

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